AAPL: Key Levels & Strategies for Big Profits

AAPL AlexGoldHunter Analysis Using Price Action Techniques
Key Levels and Zones
Support and Resistance Levels:

Support: Around $242.98 (Swing Low p/D Low) and $244.00.

Resistance: Around $248.12 (current price) and $250.00 (Swing High p/D High).

Volume Profile:

High volume nodes around $244.00 and $248.00 indicate significant trading activity and potential support/resistance zones.

Order Blocks (OB):

Identified near $230.00 and $244.00, suggesting areas where institutional buying or selling might have occurred.

Price Action Patterns
Break of Structure (BOS):

Multiple BOS annotations indicate areas where the price has broken previous highs or lows, signaling potential trend continuation or reversal points.

Change of Character (CHoCH):

CHoCH annotations suggest shifts in market sentiment, potentially indicating reversals or significant pullbacks.

Indicators
RSI:

Current RSI value around 62.93 suggests the market is not overbought or oversold.

MACD:

The MACD line is above the signal line, indicating bullish momentum.

Buy Strategy
Entry Point:

Consider buying near the support level around $244.00, especially if there is a bullish candlestick pattern or a BOS above this level.

Stop Loss:

Place a stop loss below the recent swing low or the support level at $242.98.

Take Profit:

Target the resistance level around $250.00 or higher if the price shows strong bullish momentum.

Sell Strategy
Entry Point:

Consider selling near the resistance level around $250.00, especially if there is a bearish candlestick pattern or a CHoCH indicating a potential reversal.

Stop Loss:

Place a stop loss above the recent swing high or the resistance level at $250.00.

Take Profit:

Target the support level around $244.00 or lower if the price shows strong bearish momentum.

Conclusion
This chart provides a detailed view of AAPL's price action, highlighting key support and resistance levels, volume profile, and significant price action patterns. By using these price action techniques, traders can develop a buy and sell strategy based on the identified levels and patterns.

Happy trading! 📈📉
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